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Fill in the table below indicating whether the CHANGE in each account would be added or subtracted from Net Income when calculating Cash Flows from

Fill in the table below indicating whether the CHANGE in each account would be added or subtracted from Net Income when calculating Cash Flows from Operations using the Indirect Method. Impact on Cash Flows from Operations Account Increase or Decreased year over year Add or Subtract Inventory Increased Accounts Payable Decreased Income Taxes Payable Increased [ Select ] Prepaid Expenses Decreased [ Select ] Wages Payable Increased [ Select ] Accounts Receivable Increased [ Select ] Interest Payable Decreased [ Select ] Accrued Revenue Increased [ Select ] Accrued Expenses Decreased [ Select ]

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